May 6th Ethereum Evening Strategy Announcement



Bitcoin is currently consolidating around the 81,500 area with a slightly bullish rhythm. Ethereum’s evening move will still be highly tied to Bitcoin. As long as Bitcoin does not break the key support level, Ethereum is unlikely to develop an independent downward trend.

On the 15-minute short-term cycle, the MACD histogram value is 1.49, which is a weak repair golden cross near the zero line. This indicates that short-term bullish momentum has just started, but the strength is relatively weak. A strong breakout upward push has not yet formed, and there is a risk of a rise followed by a pullback.

Trading suggestion: Place long orders around 2365-2368, with targets at 2378-2400

#Gate广场五月交易分享
#比特币站稳8万关口
#加密市场回升
#Aave起诉要求解冻7300万美元ETH
ETH-1.08%
BTC0.17%
AAVE-1.1%
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